PaaS Market to Grow at 18.8% CAGR Through 2030 Amid Rising Demand for Scalable Cloud-Based Application Development

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new global market research publication titled "Platform-as-a-Service (PaaS) - A Global Market Overview." According to this report, the worldwide PaaS market is projected to increase from US$93.9 billion in 2024 to US$264.2 billion by 2030, registering a robust CAGR of 18.8% over the forecast period.

As per this new global market research report, PaaS adoption is accelerating as enterprises seek agile, scalable cloud platforms to streamline application development and integration. North America leads with a 32.4% market share in 2024, driven by strong cloud infrastructure and the presence of key vendors like AWS, Microsoft, and Google. Meanwhile, Asia-Pacific is poised to grow at the fastest pace through 2030, fueled by digital transformation in China, India, and Southeast Asia, expanding SME demand, and favorable government policies promoting cloud-first initiatives.

Among service types, Database PaaS (dbPaaS) holds the largest share, while Integration PaaS (iPaaS) is projected to grow the fastest on account of rising SaaS connectivity and low-code integration needs. From a company size perspective, Large Enterprises dominate the market due to their complex IT infrastructure and digital transformation investments, but SMEs are emerging as a key growth driver, expected to surpass US$104 billion by 2030 with a CAGR of 21.1%.

The report covers 29 countries across North America, Europe, Asia-Pacific, South America, and Middle East & Africa, offering in-depth analysis by service type, deployment model, company size, and end-use industry. Profiles of 25+ major players are featured, including Amazon Web Services, Microsoft, Google, IBM, Oracle, Salesforce, SAP, Alibaba Cloud, VMware, and others. Strategic updates highlight AI-powered enhancements, low-code/no-code platform growth, and hybrid cloud momentum reshaping the PaaS competitive landscape.

For sample pages or purchase options, contact +1-320-497-3787 or visit Platform-as-a-Service (PaaS) Market Report

About TechMarket Experts
TechMarket Experts, a unit of Industry Experts, Inc., is your trusted source for independent and unbiased market research reports focused exclusively on the Information Technology (IT) and IT enabled services industries. We provide the reliable insights you need to unlock your tech growth and power your strategic decisions in today's dynamic IT landscape. For more information, contact us on +1-320-497-3787 or visit https://techmarketexperts.com/

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